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Telesat announces equity distribution of Telesat Lightspeed business

Summary by The Record
OTTAWA, Ontario, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced that it has completed the distribution of 62% of the equity of its Telesat Lightspeed…

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Telesat announces equity distribution of Telesat Lightspeed business

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Major Satellite Operator Telesat Restructures Lightspeed Business with 62% Equity Distribution

Telesat, global satellite operator, transfers 62% equity of Telesat Lightspeed to indirect subsidiary. Transaction maintains existing operations and debt structure.

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The Record broke the news in Waterloo, Canada on Friday, September 12, 2025.
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